Nominee Director Singapore

The Singapore Companies Act was first established in 1967 and has been amended from 2014 to 2017.

Every company in Singapore is subject to this Act as it oversees all business operations from company registration to accounting. Failure to adhere to the Companies Act can send many Singapore companies into dire financial states.

This is because the Singapore government is strict towards non-compliance – your Singapore company may be fined SGD 100,000 or imprisoned for up to 3 years if charged with intent to defraud.

Saves cost and time

Our nominee directory service expedites many business processes in Singapore.

Waiting for the government to approve your employment pass?

Engage our nominee director services today!

But how can a nominee director help your company in this situation?

Hiring a nominee director allows you to carry on with your business while ensuring compliance with the law. This saves you time while you are tied up in processing matters.

Perhaps you want to carry out your Singapore company incorporation but don’t want to relocate.

Mi2u’s nominee director service benefits you too!

Many foreigners who have businesses in Singapore are not well connected with local Singaporeans. We understand that makes finding a nominee director difficult. After all, how will you be able to find someone you can trust to take on a director role in a country you’re not familiar with?

That’s why Mi2u prides itself on being a nominee director service provider in Singapore.

We provide different nominee director term packages based on the needs of your company:

• Short term

If you are applying for an employment pass, you will need our nominee director service only temporarily.

Once your employment pass is approved, you will be able to take over as the resident director. However, do note that this employment pass allows you to be the local director only for the company employing you, under which the pass is issued.

• Annual basis

If you are not relocating to Singapore, you will need our resident director service on an annual basis.

Ensures strict compliance with the law

Another benefit of hiring our nominee director services is the strict adherence of your company to Singapore’s laws.

But how can nominee director services help?

A nominee director, unlike executive directors, does not have an active, permanent role within company operations. Thus, a resident director does not have a direct influence on the management, financial and operational decisions within the company.

Instead, Mi2u’s experienced nominee directors provide professional advisory solutions that help your company flourish while staying within the boundaries of the law.

Therefore, it is essential to hire a local director that is knowledgeable and experienced with Singapore’s legal requirements to ensure your company’s compliance with the law.

At Mi2U, we help you mitigate this liability with our flexible nominee director services.

Building a company in Singapore is not something you can do in one night.

Our team at Mi2U can provide access to a resident director with extensive knowledge in the corporate world in Singapore. This allows you to mitigate the legal liabilities of your business and ensures smooth company registration and subsequent processing.

In addition, we provide temporary, legal solutions to smoothen out the company incorporation process!

We let our experience speak for the quality of service that we provide our clients – we have assisted many foreign business owners in meeting Singapore’s legal requirements expected of them in terms of

• Corporate Secretarial Services
• Employment Passes
• Accounting Services
• Filing Tax Returns and Financial Documents
• Meeting HR and Payroll Requirements

If you need help with your company, get in touch with us at Mi2U now!